Epstein estate agrees to pay more than $155 million to US Virgin Islands

Epstein estate agrees to pay more than $155 million to US Virgin Islands

The payment is aimed at settling claims that the disgraced financier used the territory for his decades-long sex-trafficking operation under the guise of running a financial advisory firm.

  • byMatthew Goldstein

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What are franking credits,and how do they work?

What are franking credits,and how do they work?

For such a fiercely debated topic,there are many Australians don’t understand how franking credits work at all.

  • byPaul Benson
The companies that made the most money – and paid the most tax

The companies that made the most money – and paid the most tax

Ten companies paid more than $33 billion in corporate income tax in 2020-2021,but more than 30 per cent of the top-earning companies paid none.

  • byRachel Clun andColin Kruger
The little known crypto group that pulled in $33 billion last year

The little known crypto group that pulled in $33 billion last year

Three young Australians are behind an obscure business that reported more income with the tax office than Bunnings’ owner Wesfarmers last year.

  • bySarah Danckert
‘We have crossed a threshold’:Oil and gas taxes in Chalmers’ sights

‘We have crossed a threshold’:Oil and gas taxes in Chalmers’ sights

Commodity prices feed huge amounts of tax into the budget,but little is earned from the taxation of petroleum and gas.

  • byShane Wright
‘Steady course’ on spending cuts should steer economy through,say economists

‘Steady course’ on spending cuts should steer economy through,say economists

Top economists say the government made the right calls,but a harder look at the books will be needed ahead of the May budget.

  • byShane Wright andRachel Clun
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Tax loopholes closed in $1b crackdown on multinationals

Tax loopholes closed in $1b crackdown on multinationals

The government also plans to raise $3.7 billion by targeting tax-dodging by individuals and businesses.

  • byClancy Yeates andNick Bonyhady
Evidence mounts for crackdown on multinational companies
Editorial
OECD

Evidence mounts for crackdown on multinational companies

Medical device companies receiving more in government subsidies than they pay in tax strengthens the case for the government’s planned crackdown on multinational companies.

  • The Herald's View
Global health giants getting more subsidies from Australia than what they are paying in tax,government told

Global health giants getting more subsidies from Australia than what they are paying in tax,government told

The multinational companies – which supply the nation’s hospitals with medical devices such as hip joints,screws,pacemakers and trauma plates – have been accused of shifting the profits they are making in Australia to other countries including Singapore and Switzerland.

  • byAnthony Galloway
Multinational tax avoidance a threat to budget bottom line:Leigh

Multinational tax avoidance a threat to budget bottom line:Leigh

Assistant Treasury Minister Andrew Leigh says ensuring multinational and large businesses pay their fair share of tax is pivotal to funding services to ordinary voters.

  • byShane Wright
Liz Truss makes stunning tax-cut gamble as pound plunges

Liz Truss makes stunning tax-cut gamble as pound plunges

Australians heading to the UK will be able to enjoy tax-free shopping once more following the UK’s massive tax cuts for the rich,which sent the value of the pound to historic lows.

  • byLatika Bourke